5, TREETOP CLOSE, PILLMERE, SALTASH, PL12 6YY - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 TREETOP CLOSE is a very small terraced house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £210,932. It was last sold for £165,000 in December 2018, which was around 9% below the average December 2018 terraced price in the Cornwall local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

5 TREETOP CLOSE Sold Prices

Land registry data shows four sales for 5 TREETOP CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cornwall local authority area for the corresponding sale date. The four 5 TREETOP CLOSE sales were a mix of below the average price, roughly equal to the average price, and above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 4 DEC	£165,000	£180,385	9% below HPI
2005 25 OCT	£145,500	£146,202	Close to HPI
2005 29 JUN	£145,000	£144,400	Close to HPI
2003 20 JUN	£124,995	£107,104	17% above HPI

5 TREETOP CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cornwall local authority area over time, sourced from the HPI. The four 5 TREETOP CLOSE sales between June 2003 and December 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2005 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 TREETOP CLOSE be worth now?

5 TREETOP CLOSE might now be worth an estimated £210,932.

This is based on house price inflation of 27.8%, between December 2018 and May 2026, for terraced houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 5 TREETOP CLOSE of £165,000 on 4th December 2018. For the value to have increased from £165,000 to £210,932 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 TREETOP CLOSE has moved in line with the HPI for terraced houses in the Cornwall local authority area.
• The December 2018 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TREETOP CLOSE has not materially changed since December 2018.

How Large is 5 TREETOP CLOSE?

5 TREETOP CLOSE is 74m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of terraced houses houses in Saltash, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Saltash, and where 5 TREETOP CLOSE lies on this distribution: 11% of terraced houses houses are smaller than 5 TREETOP CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Saltash.

5 TREETOP CLOSE: Plot and Title Map

5 TREETOP CLOSE sits on a plot of roughly 21.4 acres, or 86,564m². The below map shows the location of 5 TREETOP CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 5 TREETOP CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 5 TREETOP CLOSE?

5 TREETOP CLOSE is located in PILLMERE, in the PL12 postcode district. The below map shows the position of No. 5 on TREETOP CLOSE.